LOS ANGELES, March 24, 2015 /PRNewswire/ -- GA Advisory and Valuation Services, a division of Great American Group, LLC (GA), has published its inaugural issue of the Technology Monitor, a bi-annual publication that delivers analysis of technology products from a manufacturing and wholesaling perspective, including industry trends as they relate to the valuation process.
As advancements in technology result in product obsolescence, the Technology Monitor highlights recent market developments as well as emerging trends and technologies that could potentially shift product demand. The Technology Monitor strives to contextualize important indicators and provide insights into the global market.
The March 2015 issue of the Technology Monitor reports that U.S. consumer electronics shipments increased 3.0% in 2014 to a record $216.8 billion. The growth was driven by surging demand for smartphones, tablets, and TVs, which also led to record worldwide semiconductor sales.
GA analysts sees this growth trend continuing in 2015, with U.S. consumer electronics shipments expected to exceed $223.2 billion in 2015, and smartphones and tablets accounting for 46% of global consumer technology sales.
"We expect semiconductor sales growth to continue in 2015, albeit at a slower pace," noted Paul Arceri, director of GA Advisory and Valuation Services. "Sales will be driven by strong growth in application-specific standard products in smartphones, as well as flash memory in 'ultra mobiles' and solid state drives. We anticipate this growth will be partially offset by a reduction in Dynamic Random-Access Memory or DRAM pricing to more traditional levels as supply and demand become more in line with each other this year."
"We also anticipate smartphones will face a slower growth rate and a lower average price as the market approaches saturation," added Arceri. "While North America will remain a major revenue source for the consumer electronics market, the maturation of the market will result in an increased share of revenue from China, India, and Africa."
To access a copy of GA's March 2015 Technology Monitor, please visit: http://www.greatamerican.com/static/pdf/industry-insights/Technology/Technology_Monitor-March2015_Vol01.pdf
About Great American Group
Great American Group, LLC is a leading provider of advisory and valuation services, asset disposition and auction solutions, and commercial lending services. Great American Group efficiently deploys resources with sector expertise to assist companies, lenders, capital providers, private equity investors and professional service firms in maximizing the value of their assets. For more information about Great American Group, visit www.greatamerican.com or call 818-884-3737.
Great American Group is a part of B. Riley Financial, Inc. (OTCQB: RILY) which provides collaborative financial services and solutions through several subsidiaries, including: B. Riley & Co., LLC, a leading full service investment bank providing corporate finance, research, and sales & trading to corporate, institutional and high net worth individual clients; B. Riley Asset Management, a provider of investment products to institutional and high net worth investors; and MK Capital Advisors, LLC, a multi-family office practice and wealth management firm focused on the needs of ultra-high net worth individuals and families. B. Riley Financial, Inc. is headquartered in Los Angeles with offices
in major financial markets throughout the United States and Europe. For more information on B. Riley Financial, Inc., please visit www.brileyfin.com.
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SOURCE Great American Group